Senate gives Total 1 week to provide details of $16bn Egina project

The Senate yesterday gave Total Upstream Nigeria Limited (TUNL) one week to appear before it and supply detailed information with reference to Nigerian content...

Corruption unwittingly improved local participation in Nigeria’s oil sector – U.S. analyst

Matt Mossman, an emerging markets political risk specialist based in the United States, has highlighted the notion that Kola Aluko, a central figure in...

NCDMB to commission forensic audit on Nigerian content fund payments

Nigerian Content Development and Monitoring Board (NCDMB) has unveiled plans to commission a third-party forensic audit, to track and recover due payments on the...

NCDMB, indigenous oil producers sign service level agreement

The Indigenous Petroleum Producers Group (IPPG) has committed to signing a Service Level Agreement (SLA) with the Nigerian Content Development and Monitoring Board (NCDMB)...

16 companies pull out of Onne as experts warn OGFZA is scaring investors

Dr. Austin Obieze, a Port Harcourt based oil and gas industry expert has said that “no fewer than 16 companies have decided to withdraw...

Senate committee queries Total over Egina project

The Senate Committee on Local Content has asked Total Upstream Nigeria Limited to provide it with details of the local content in the floating,...

Saipem wins $5.42bn contract for Zabazaba-Etan project in OPL 245

Italian engineering, construction and drilling contractor, Saipem has won a $5.42 billion contract for chartering, operations and maintenance for a Floating Production Storage Offloading...

ExxonMobil provides $975m in local content financing – MD

There are indications that local content would be enhanced in Nigeria’s oil and gas industry as ExxonMobil has provided $975 million to support indigenous...

NNPC to promote in-country technology in conjunction with NCDMB – Baru

The Nigerian National Petroleum Corporation (NNPC) has pledged to promote the development and commercialization of home-grown technology in collaboration with the Nigerian Content Development...

Halliburton opens new oil & gas training and research center in Akwa Ibom

Halliburton announced today that it worked with the Akwa Ibom state government to inaugurate and open Nigeria’s first oil and gas training center fully-equipped...

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